US Federal Reserve Chairman Jerome Powell holds a press conference in Washington, DC, on September 20, 2023. Mandel Ngan | AFP | Getty ImagesThe Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a whole lot of anything — just the way the market wants...
A Southern California registered representative and a broker-dealer executive on Monday lost an arbitration claim of a little more than $1 million in damages to an investor who bought GWG Holdings Inc. L bonds in 2018. Dozens of broker-dealers sold about $1.6 billion in GWG L bonds, so-called because...
Check out the companies making headlines in after-hours trading. Paycom Software — Shares dropped 26.5% after the company missed third-quarter revenue estimates. Paycom posted $406.3 million in revenue for the period, while analysts polled by FactSet had called for $411.2 million. Earnings per share beat forecasts, however, coming out...
AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada.Robyn Beck | AFP | Getty ImagesAMD reported third-quarter earnings on Tuesday that beat analyst expectations, though the chipmaker issued a weaker-than-expected forecast. The...
Anheuser-Busch InBev said it will concentrate its marketing on sporting and music events as it tries to reverse falling sales of its flagship beer Bud Light in the face of conservative backlash in the U.S.The brewing giant revealed part of its plan to revitalize the brand Tuesday after it...
Creative Planning said Tuesday that it is acquiring Chicago-based Mesirow’s corporate retirement plan team, which oversees more than 350 retirement plans with roughly $13 billion in assets under advisement and management. The announcement comes just a couple of months after Creative Planning struck a deal to acquire Goldman Sachs’ RIA,...
Check out the companies making headlines in midday trading. Pinterest — Shares of the image-sharing social media platform soared 18% Tuesday, a day after the firm's third-quarter earnings report beat expectations for earnings and revenue. Pinterest also eased concerns over potential ad revenue loss due to the Israel-Hamas war,...
Cosm's shared reality dome concept for viewing live sports broadcasts.Courtesy: Cosm VenuesWarner Bros. Discovery and Cosm, a privately held company that specializes in immersive technology, are about to make "shared reality" a reality for sports fans.Cosm plans to open two venues — a 65,000 square foot building in Los...